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Anti-government demonstrators shut down the airport on Monday City’s reputation as a premier financial hub is at risk Hong Kong’s deepening political crisis now risks becoming an economic one. After protesters brought the city’s airport to a standstill on Monday, investors and business leaders are growing increasingly alarmed by the fallout from 10 weeks of …

Netflix hasn’t exactly been getting a lot of good news lately. Its two biggest shows are leaving by the end of next year, and for the first time ever, more U.S. subscribers quit the service than joined. Still, the company is in a spending mood. That explains the deal announced …

China’s long-fabled “cryptocurrency” launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. Given Beijing’s history of antagonism …

Chinese tech giant Huawei launching its own all-in-one operating system is huge news, because if successful, Harmony OS (or Hongmeng OS inside China) will not only reduce Huawei’s exposure to the whims of Donald Trump’s administration but it could also prove to be a pivotal change in the mobile tech industry. And …

Marilyn, Elvis and Sports Illustrated part of brand portfolio Deal values Authentic Brands at more than $4 billion with debt BlackRock Inc.’s private equity vehicle struck its first deal, backing a company that manages brands including Sports Illustrated, Marilyn Monroe and Juicy Couture. The firm’s Long-Term Private Capital fund became the …

Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures platform highlights two very important lessons, one obvious and one less so. The obvious conclusion is that one needs to tread very carefully when it comes to claiming regulatory approval. LedgerX announced the launch of its retail physically delivered bitcoin futures …

All organizations have the ability to be smarter than the sum of their members’ intelligence and talent. Unfortunately, most are actually dumber. The good news is there are a handful of practical steps to boost collective intelligence. Create tools that allow everyone to communicate strategically about innovation. Good ideas can come …

Blockchain payments startup Ripple is looking to make new investments and acquisitions, with a few deals reportedly underway, according to the company CEO. This announcement comes in light of Ripple’s Q2 report, which detailed the company’s total sales of its native token XRP increasing by nearly 48 percent to $251 …

Bitcoin’s bull run from April lows near $4,100 seems to have stalled, with buyers repeatedly failing to keep gains above $12,000 in the last six weeks.A high-volume weekly close (Sunday, UTC) above $12,000 is needed to revive the bull market.A bullish weekly close may remain elusive if the cryptocurrency finds …